Daily Support Resistance Levels For S&P

[Timmyb]

I have learned allot from listening to the shadow trader on thinkorswim. And have found these levels to be very beneficial for any trader looking to gain insight from the next days trading ranges.

This is how is is figured mathematically





And here is a link with a video explaining its use and how to find the levels.

Created by Camtasia Studio 5

I will do my best to post the next days levels when I have time. I have found that my forum time is going to be cut very small in the future. With a business to run and now trading live the forum and chat needs to get cut to min.

[Timmyb]

[Timmyb]

Here is the levels pre-market, I will try to post a eod chart to see how they held up

[Timmyb]

EOD Chart